FOREX AUCTION RUNS

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received from local commercial banks ask offer of 11.0 million USD and bid offer of 20.0 million CNY. BOM has refused all offers. The same day, BoM received USD Swap agreement bid offer of 12.3 million USD, USD Swap and Forward agreement ask offer of 10 million USD and CNY Swap agreement offer of 20 million CNY from local commercial banks. BOM has accepted all offer of CNY Swap agreement.